In 1894, historian Theodor Mommsen wrote that the root cause of the anti-Semitic ‘affliction’ was ‘envy and the basest instincts,… a barbaric hatred … - Götz Aly

Significantly, the will to achieve social reform was strongest among those leaders within the Nazi Party who were also the most actively involved in pushing forward the agenda of ethnic genocide. The idea of a huge pension increase in 1944 was budgetary insanity. Yet some within the Nazi hierarchy supported it for the ‘psychological dividends it would pay among our working ethnic comrades [Volksgenossen].’ They called for ‘blue- and white-collar workers to be put on equal footing’ to give them a preliminary taste of the harmonious future to come, which would be achieved through a ‘generous reform of the social welfare state in the interest of working people.’

Many property owners feared they would be ‘fleeced’ by government rent controls, compulsory reserve funds, or increases in the basic real estate tax. Indeed, a few months later, Economics Minister Walther Funk announced: ‘So-called real value assets [Substanzwerte] will represent an especially lucrative source of state revenue after the war.’ And in early 1944, Reich economists began discussing new ways ‘to better exploit property owners to cover state debts.’ Polemics against landlords continued to appear in party organs such as Das schwarze Korps, the official newspaper of the SS.

[A]1942 levy required property owners to pay ten years of the tax in advanced in a single lump sum. Because property owners were prohibited from raising rents, they alone bore the burden. In addition, the Reich appropriated other revenues that had previously belonged to local authorities.All told the state collected the considerable sum of 8.1 billion reichsmarks (in today’s currency the equivalent of around 100 billion dollars) in additional revenues in 1942-43. The financial newspaper Bankwirtschaft hailed the windfall as ‘a satisfactory result in terms of both limiting consumer spending power and improving the state budget.